Mercado Bitcoin Review
Brazil's oldest and most trusted local crypto exchange since 2013
4.5/5
Overall Rating
0.3%
Starting Fee
4M+
Brazilian Users
CVM
Regulated
What is Mercado Bitcoin?
Mercado Bitcoin (MB) is Brazil's oldest cryptocurrency exchange, founded in 2013. It is part of the 2TM Group and was one of the first exchanges in Latin America. With over 4 million registered users, it is the most trusted local platform for buying and selling Bitcoin in Brazil.
As a fully Brazilian company, Mercado Bitcoin is regulated by the CVM (Comissao de Valores Mobiliarios) and complies with all local regulations. The platform supports PIX, TED, and Boleto deposits, and offers around 100 different cryptocurrencies and digital assets, including tokenized assets unique to the Brazilian market.
In 2022, Mercado Bitcoin received a $200 million investment from SoftBank, valuing the company at over $2 billion, making it one of the most valuable fintech companies in Latin America.
Fees at Mercado Bitcoin
| Fee Type | Amount |
|---|---|
| PIX Deposit | Free |
| TED Deposit | Free |
| Boleto Deposit | R$2.90 |
| Spot Trading (Maker) | 0.3% - 0.7% |
| Spot Trading (Taker) | 0.3% - 0.7% |
| BRL Withdrawal (PIX/TED) | R$1.99 |
Fees decrease with higher trading volume. If you trade over R$300,000/month, fees drop to as low as 0.3%. For most casual buyers, expect to pay around 0.5% per trade.
Pros and Cons
Pros
- 100% Brazilian company, CVM regulated
- 4M+ trusted Brazilian users since 2013
- Full Portuguese interface and support
- Unique tokenized Brazilian assets
- Boleto Bancario accepted as deposit method
Cons
- Higher fees than Binance (0.3-0.7% vs 0.1%)
- Fewer cryptocurrencies (~100 vs 350+)
- No margin or futures trading
- Limited to BRL trading only
Our Verdict
Mercado Bitcoin is the best choice for Brazilians who want to buy Bitcoin from a fully local, regulated company with Portuguese-language support. It is especially ideal if you value trust and regulatory compliance over having the absolute lowest fees.
If saving on fees is your top priority, Binance offers significantly lower trading costs. But for a pure Brazilian experience with local support, Mercado Bitcoin remains the gold standard.
Try Mercado Bitcoin
Join 4 million Brazilians on Brazil's most trusted crypto exchange.
Visit Mercado Bitcoin